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Event Brief

Chinese Mining Firms in Zambia Pay Taxes in Yuan

Chinese mine operators in Zambia begin paying taxes in yuan, signaling currency acceptance in Africa.
WHO: Chinese mining companies
WHAT: started paying taxes and royalties in yuan
WHEN: Dec 30, 2025 at 7:00 PM ET
WHERE: Zambia
WHY: to show growing acceptance of yuan in Africa
Sources (1): Bloomberg

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